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3516 Verdugo Rd, Los Angeles, CA 90065
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3516 Verdugo Rd Los Angeles, CA 90065

$1,095,000 Sold Price as of 11/10/2020
  • 5 Beds
  • 4 Baths
  • 2,261 Sq.Ft.
Sold
$1,095,000 Sold Price as of 11/10/2020 Refinance Your Mortgage
Map preview of 3516 Verdugo Rd, Los Angeles, CA 90065

Property Overview: 3516 Verdugo Rd Los Angeles, CA has 5 bedrooms, 4 bathrooms, 2,261 living square feet and 6,164 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Stop the CAR!!!! We are pleased to present for sale these rare mid-century Bungalows in one of LA's most established, yet growing neighborhoods - Glassell Park! Three homes on one lot! With 2 Units DELIVERED, the investment provides an opportunity for immediate upside potential OR an owner-user opportunity. The property is composed of (2) 2 Bedroom & 1 Bathroom Units (one of which has a powder room added) and (1) 1 Bedroom & 1 Bathroom Unit that have upgraded brand new plumbing, and a newer roof over the front units which were built in 1957. All units feel totally private and separate making for a perfect rental property or live in one and rent the others. The drive-way includes 4 surface space parking spots (2) covered. Each unit has great views of the hillsides and sunsets and is nestled between a residential neighborhood allowing for above market rents, not to mention, right Next to GLASSELL PARK!!! The owner has resided on-site for many years and has maintained and taken care of the property. It is lush with vegetation and features an avocado tree, (5) Guava trees, (2) Sapote Trees (Mexican Apples), and a Mexican Sweet Lime Tree (So much more!). All units feature their own enclosed and usable outdoor lounge areas, washer dryer hookups, and a lovely patio that is great for entertaining and barbecues. This property is ideal for home plus income, extended families or rental income. Centrally located to shopping, transportation and many conveniences.

Listed by JOSIAH SUXO | BRE #02067168 | KW COLLEGE PARK
Co-listed by MICHAEL POE | BRE #02070075 | KW COLLEGE PARK
Last checked: 12 minutes ago | Last updated: May 5th, 2022 | Source CRMLS | DOM: 15

Home details

Lot Sq. Ft
6,164
HOA Dues
$0/mo
Year built
1928
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
CV20158835
City
Los Angeles
County
Los Angeles
Time on Site
1355 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,140
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $88,800
  • Net Operating Income: $67,200
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $21,600
  • Electric: $0
  • New Taxes: $1,620
  • Trash: $0
  • Insurance: $1,400
  • Water/Sewer: $4,000

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 3516 Verdugo Rd

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, Wall/Window Unit(s), Evaporative Cooling
Heating Information
  • Has Heating
  • Floor Furnace, Wall Furnace
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup, Stackable
Room Information
  • Flooring: Carpet, Wood
  • All Bedrooms Down, Master Bathroom, Master Bedroom
Kitchen Information
  • Has Appliances
  • Gas Oven, Gas Range, Range Hood
Interior Features
  • Ceiling Fan(s)
  • Levels: One
Exterior Features
Exterior Information
  • Roof: Shingle
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Carport, Detached Carport
Lot Information
  • Lot Features: Rectangular Lot, Park Nearby, Paved
  • Common Interest: None
Property Information
  • Has View
  • View: Hills, Park/Greenbelt
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 5460005022
  • Year Built Source: Public Records
  • Architectural Style: Bungalow, Mid Century Modern
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Natural Gas Connected, Sewer Connected
Location / Neighborhood
Location Information
  • Directions: from 2 fwy south, exit verdugo rd, left on verdugo rd, right eagle rock, left on verdugo rd, property on left
Neighborhood Information
  • Community Features: Biking, Dog Park, Hiking, Watersports, Sidewalks, Street Lights, Suburban, Urban
View more facts & features

Local Los Angeles Agent

Sale History for 3516 Verdugo Rd

Last sold for $1,095,000 on November 10th, 2020

  • November, 2020

  • Nov 13, 2020

    Date

    Sold

    CRMLS: CV20158835

    $1,095,000

    Price

  • Oct 2, 2020

    Date

    Pending

    CRMLS: CV20158835

    $1,099,000

    Price

  • Sep 17, 2020

    Date

    Price Change

    CRMLS: CV20158835

    $1,099,000

    Price

  • Sep 1, 2020

    Date

    Active

    CRMLS: CV20158835

    $1,199,000

    Price

  • Aug 26, 2020

    Date

    Hold

    CRMLS: CV20158835

    $1,199,000

    Price

  • Aug 7, 2020

    Date

    Coming Soon

    CRMLS: CV20158835

    $1,199,000

    Price

  • November, 2020

  • Nov 10, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,095,000

    Price

Show More

Tax History for 3516 Verdugo Rd

Assessed Value (2020): $75,147
Year Land Value Improved Value Assessed Value
2020 $29,200 $45,947 $75,147

Home Value Compared to the Market

This property vs the competition

3516 Verdugo Rd sold on November 10, 2020 for 1.88% lower than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $486.07 per/sqft which puts the price per square foot 32.86% lower than the current median sale per square foot for the city of Los Angeles.

About 3516 Verdugo Rd

Detailed summary of property

3516 Verdugo Rd is a multi family that recently sold in Los Angeles, CA 90065. This multi family property offered 5 bedrooms, 4 bathrooms, roughly 2,261 living square feet, and sits on an approximately 6,164 square foot lot. 3516 Verdugo Rd was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,095,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 1.88% lower than the current median priced home. Local homes that are currently for sale include 5107 N Windermere Ave, 321 W Avenue 37 and 1804 Echo Park Ave. While the average home in Los Angeles, CA is selling in 106 days, 3516 Verdugo Rd has a days on market of 15 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. For more information on this home for sale at 3516 Verdugo Rd Los Angeles, CA 90065 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 3516 Verdugo Rd

Public county record property details
Beds
5
Baths
3
Year built
1928
Sq. Ft.
2,261
Lot Size
6,164
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
75
APN
5460-005-022

The source for these homes facts are from public records.

90065 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,199,000
Median List Price/Sq.Ft.
$774
Median Sold Price
$1,253,094
Median Sold Price/Sq.Ft.
$681
Total Inventory
84
Median Sale to List Price %
100.25%
Avg Days on Market
33
Loan Type
Conventional (10%), FHA (0%), VA (0%), Cash (25%), Other (15%)

Thinking of Selling?

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(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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